Very cool how 6k psych, zone and trendline resistance have all come around the same level for NSE:CNXCONSUMPTION . To top it off, the day's candle shows suppotr. Curious to see how this plays out... From what I could observe, the index has underperformed NSE:NIFTY so I wonder if it may try to play catch-up now?
Coal india is poised to test the sell zone however it is also heading to test the cluster POC from where a stark selling pressure can arise. Good to sell PE options in the stock